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people who are working hard every day, paying payroll tax, gas taxes, but don't make enough income. i want to fight for them. that's what i have been doing for the last four years. if they succeed, i believe the country succeeds. >> president obama used your material to close a debate at a very crucial time, after his first debate was heavily criticized. this was his closing statement. what was going through your mind at this point? >> it was the last line of the debate. i was sitting on the edge of my couch. i watched the first debate, there was no mention of it. a cheer erupted in the room at the time. i was thrilled that he hit him with it when he did. you know, it was well done. >> at this point, had you ever had any contact with the obama campaign? >> no. >> this was all organic? >> yeah. i mean this wasn't -- you know, i voted for president obama, i'm proud to call him my president. i'm independent. i typically vote democrat, but i certainly never had contact of any sort. >> did that validate your instincts of how important this tape was when you saw the president use it? >> i
people who are working hard every day, paying payroll tax, gas taxes, but don't make enough income. i want to fight for them. that's what i have been doing for the last four years. if they succeed, i believe the country succeeds. >> president obama used your material to close a debate at a very crucial time, after his first debate was heavily criticized. this was his closing statement. what was going through your mind at this point? >> it was the last line of the debate. i was...
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Mar 16, 2013
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [ male announcer ] we all have something neatly tucked away in the back of our mind. a secret hope. that thing we've always wanted to do. it's not about having dreams, it's about reaching them. ♪ an ally for real possibilities. aarp. find tools and direction at aarp.org/possibilities. >>> welcome back to "the ed show." joining me now live in studio, scott prouty. scott, good to have you with us. been fun to get to know you. >> thank you. >> you're a unique man and a guy with a lot of guts. >> thank you. >> what's your future? >> i don't know. we will see how it goes. i think i will work with charlie a little more closely. i had the pleasure of meeting leo gira are rd, the president o
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [ male announcer ] we all have something neatly tucked away in the back of our mind. a secret hope. that thing we've always wanted to do. it's not about having...
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there will be tax hikes come, they are going to call it tax reform. there will be entitlement cuts they are going to say it's smarter or fairer or prolonging the life of the programs. this is the game that's going on. will there be a grand bargain or a little bargain? i suspect it's smaller. there's a deal working through the course. >> we have gone from there has to be a deal, this is a disaster, you can't allow the sequester to happen to the sequester happened and there's the president saying well, ultimately, if we can't get a deal -- they are saying things that include the possibility there won't be a deal and the sequester will be what we live with here. >> he's saying it's not the end of the world if we don't reach a grand bargain. i had hope the sequester was something that shifted the fundamental calculus. it came and went. on the democratic side, they feel the cuts are too severe, which they are. on the republican side, there's a lot of discomfort. a lot of them are comfortable cutting the defense department. republicans with districts where
there will be tax hikes come, they are going to call it tax reform. there will be entitlement cuts they are going to say it's smarter or fairer or prolonging the life of the programs. this is the game that's going on. will there be a grand bargain or a little bargain? i suspect it's smaller. there's a deal working through the course. >> we have gone from there has to be a deal, this is a disaster, you can't allow the sequester to happen to the sequester happened and there's the president...
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cutting the corporate income tax in half. by creating a flat, personal income tax of 17%. and cutting the regulations that are strangling american business. >> paul ryan and i can't wait. that will be the funniest and cruelest and deadliest on arrival budget proposal in washington history. i hereby invite rand paul to come on this program for the full hour on the day that he releases that budget, where he can explain it right here to the american people. >>> the 2012 republican loser, rick perry, got huge cheers today. with a swipe at mitt romney and john mccain. >> the popular media narrative -- it's that this country has shifted away from conservative ideals as evidenced by the last two presidential elections. that's what they think. that's what they said. that might be true if republicans had actually nominated conservative [ bleep ] in 2008 and 2012. might be true. >> joining me now from the cpac convention in national harbor, maryland is anna marie cox of "the guardian" and alex wagner. anna marie, you're there. so you have the floor. please, explain cpac to us. >> re
cutting the corporate income tax in half. by creating a flat, personal income tax of 17%. and cutting the regulations that are strangling american business. >> paul ryan and i can't wait. that will be the funniest and cruelest and deadliest on arrival budget proposal in washington history. i hereby invite rand paul to come on this program for the full hour on the day that he releases that budget, where he can explain it right here to the american people. >>> the 2012 republican...
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with the weaknesses that caused them to lose like taking a hatchet to health care and the generous tax cut to the rich that somehow pays for its. what you want details? you know better than that. this is groundhog day in republican politics. soon, they are going to float hillary clinton is going to replace joe biden as vice president again. all of this stuff, the welfare lie, the obama phone lie. the kill medicare budget that we don't have to explain, trust us. it's republicans trying to get traction on stuff they did not get traction on before when they were busy trying not to lose in the november elections and they lost anyway. in that election, it was actually the democrats who really did get traction on part of that issue. it was democrats who did get traction when this tape showed the republicans real argument on this stuff and all the naked behind closed doors glory. the republican's presidential campaign showing 47% of the country was accustomed to voting. romney saying 47% of the country never mind them. this president has bought their votes with all the free obama welfare stuf
with the weaknesses that caused them to lose like taking a hatchet to health care and the generous tax cut to the rich that somehow pays for its. what you want details? you know better than that. this is groundhog day in republican politics. soon, they are going to float hillary clinton is going to replace joe biden as vice president again. all of this stuff, the welfare lie, the obama phone lie. the kill medicare budget that we don't have to explain, trust us. it's republicans trying to get...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. like other precious things that start off white, it yellows over time. fact is, when it comes to your smile, if you're not whitening, you're yellowing. crest 3d white whitestrips go below the enamel surface to whiten as well as $500 professional treatments, at a fraction of the cost. guaranteed, or your money back. crest. life opens up when you do. want a whiter smile today? try 2 hour express whitestrips. when her sister dumped me. grandpa was my dad a good athlete? no. oh dad, you remember my friend alex? yeah. the one that had the work done... good to see you. where do we go when we die? the ground. who's your girlfriend? his name is chad. and that's where babies come from. [ male a
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. like other precious things that start off white, it yellows over time. fact is, when it comes to your smile, if you're not whitening, you're yellowing. crest 3d white...
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the richest industry in the world does not need our tax subsidies. there's still a lot of subsidies going for american corporations when they offshore jobs. >> but the republicans haven't identified any of them yet, have they? >> well, they're not willing to talk about it other than loose generalized, terms. you need to get down to the nitty-gritty. they don't do that. but there's many out there that the taxpayers are giving away to very wealthy corporations and individuals not necessarily toward the growing of the economy. there are things that can be done to rein in those loopholes and we need to do it. whether that gives us the money we need to lower the corporate tax rate as we've closed those loopholes, that's a discussion that needs to be taking place. >> tim, what do you think? >> well, we had a budget mark-up last night. we were in until about 11:30 in the evening marking up the paul ryan budget. there was an amendment that said we need to protect the mortgage tax deduction for middle class people. and every republican voted against that demo
the richest industry in the world does not need our tax subsidies. there's still a lot of subsidies going for american corporations when they offshore jobs. >> but the republicans haven't identified any of them yet, have they? >> well, they're not willing to talk about it other than loose generalized, terms. you need to get down to the nitty-gritty. they don't do that. but there's many out there that the taxpayers are giving away to very wealthy corporations and individuals not...
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Mar 15, 2013
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, please? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every purchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. what's in your wallet? i took something for my sinuses, but i still have this cough. [ male announcer ] a lot of sinus products don't t
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, please? thank you. that's three new paper shredders. [ boris ]...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. because all these whole grains aren't healthy unless you actually eat them ♪ multigrain cheerios. also available in delicious peanut butter. healthy never tasted so sweet. for current and former military members and their families. get advice from the people who share your values. for our free usaa retirement guide, call 877-242-usaa. >>> so developing news coming in from capitol hill. the senate judiciary committee has just passed the assault weapons ban. the vote strictly along party lines, 10-8. senator dianne feinstein was given a history lesson on the cons fusion by freshman senator ahead of this passage and she promptly shot back. >> it seems to me that all of us should begin a
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. because all these whole grains aren't healthy unless you actually eat them ♪ multigrain cheerios. also available in delicious peanut butter. healthy never tasted so...
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they want taxes to stay low. they don't actually care that much about spending. by highlighting deficits, what they did is they set themselves up for this push to raise taxes because it is not feasible to cut your way out of a deficit problem, if you really care about deficits, then you have to go after income. >> and the question, isn't the question basically for the republicans what do you value more, is it meals on wheels program for a poor senior or better tax rates for a corporation. >> never should have set that up. they should have kept it on tax rates, but you know, instead they made it about deficits and made it about spending and that long term is not something they're going to be able to win. >> the starsky and hutch -- >> just a second. i see the library behind him, i assume he read all those books? >> thumbed through most of them. they're real books. >> here i am trying to give my funny good-bye line and you are complicating it. the starsky and hutch of the huffington post. i don't like it when you'r
they want taxes to stay low. they don't actually care that much about spending. by highlighting deficits, what they did is they set themselves up for this push to raise taxes because it is not feasible to cut your way out of a deficit problem, if you really care about deficits, then you have to go after income. >> and the question, isn't the question basically for the republicans what do you value more, is it meals on wheels program for a poor senior or better tax rates for a corporation....
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slowing down and you think about what the got how the government is structured the government gets tax revenues out of our incomes and it dies out on the basis of wealth and. fundamentally well if you have a downturn in the economy incomes will and will phoneys rod so the government's books necessarily respond that it's the big like the normal basis of a new conditioning system now if the room gets called up which is what happens when the economy shrinks and saw as when the government pumps aid in it's it's a negative it's always there when capitalism fails when capitalism pick ups and there's a lot of unemployment and government fills in that i thought was in that pick up a pick up is a better expression than than files because capitalism not anybody believes capitalism will filed but i certainly believe it can have huge crossties caused by the financial sector and when that happens when there's a downturn the government. is beyond its control to some time if you look at long it takes to change anything in in in washington it's not the government responding to it the cold that says it
slowing down and you think about what the got how the government is structured the government gets tax revenues out of our incomes and it dies out on the basis of wealth and. fundamentally well if you have a downturn in the economy incomes will and will phoneys rod so the government's books necessarily respond that it's the big like the normal basis of a new conditioning system now if the room gets called up which is what happens when the economy shrinks and saw as when the government pumps aid...
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it's good to refresh our memories on costly wars, big tax cuts, medicare part d. that was a six-hour vote and there were republicans chasing people around the walls of the house of representatives trying to get that last vote and of course, the crisis on wall street. by the way, as you know, they've regained all the money they lost on the principles of president obama. i know he has a heart of caring. we've got to restate this principle and you are right. it's our commitment. we're not letting go of medicare, medicaid and social security. medicaid is a premise of the affordable care act. >> even if it puts you at odds with the president? >> i'm an optimist and i truly believe the president has a real good heart and he's still willing to listen. we're against the changed cpi. but we're keeping the doors open. we want to hear what the president has to say and i always believe that he has an open mind and an open heart. but it's up to many of us. to keep the fight going. >> we are going to find out. no question about it. thanks for your time tonight. i appreciate it.
it's good to refresh our memories on costly wars, big tax cuts, medicare part d. that was a six-hour vote and there were republicans chasing people around the walls of the house of representatives trying to get that last vote and of course, the crisis on wall street. by the way, as you know, they've regained all the money they lost on the principles of president obama. i know he has a heart of caring. we've got to restate this principle and you are right. it's our commitment. we're not letting...
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growth over three percent only time in the history the united states top tax rates were at ninety one percent how can that be a bad thing well right now we're not in the forty's fifty's sixty's i mean though there's a lot of tax rate that drop there's a lot of bad policies from the forty's fifty's and sixty's and a lot of americans don't want to go back to right now. let's see before the civil rights act that's so security is running broke so i think americans would appreciate that being fish out of the out of the sixty's. forty's and fifty's at the end of the day the republicans mitt romney really phrased it badly but at the end of the day if you look at the economics and you look at the statistics behind his point he's very right a report came out this year that showed forty seven percent of americans aren't paying taxes they're not getting into the system they are not getting they are paying for not paying several taxes are you just running he was running they were federal office now come on your you know you say this. really did that want to do if you look at the the language he u
growth over three percent only time in the history the united states top tax rates were at ninety one percent how can that be a bad thing well right now we're not in the forty's fifty's sixty's i mean though there's a lot of tax rate that drop there's a lot of bad policies from the forty's fifty's and sixty's and a lot of americans don't want to go back to right now. let's see before the civil rights act that's so security is running broke so i think americans would appreciate that being fish...
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if the republicans will shoot their tax well this is b.s. and a new found last in my mind is a mutual suicide pact that's where the problem with the democratic santa clause is that the way the programs are structured now they're requiring all they're requiring a lot more work out of fewer and fewer elves to produce this santa clause packages that were expected out well that's that's a debate we just have right if we can agree to disagree on that but i'm wondering what you know what you guys are thinking about how there's how this president is dealing with the republicans in congress i mean it's like he keeps throwing them stuff and they can't go on with it which things you throw because i've missed a lot he sees offered his offer to cut social security's offer to cut medicare i mean why doesn't he just do it he's got his i was in the right a plan b. there was that he was here because id the good is about that because we're going to solution the constitution says that only congress can but as he could offer up a budget which he's been require
if the republicans will shoot their tax well this is b.s. and a new found last in my mind is a mutual suicide pact that's where the problem with the democratic santa clause is that the way the programs are structured now they're requiring all they're requiring a lot more work out of fewer and fewer elves to produce this santa clause packages that were expected out well that's that's a debate we just have right if we can agree to disagree on that but i'm wondering what you know what you guys are...
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on money had already been taxes tax on and fourteen percent thirty five percent already been taxed and he's already said his secretary was paid with money that had never been taxed before i think i think his secretaries pay what the profits corporation and that corporation got their money from or that corporation to get that money from investment you're absolutely right from somebody else who had been double taxing people and we got no way that it went to the central issue either you are you trying to tell me that i did it but it's of the central issue of which is that if we did it i'm paying somebody that if i've paid taxes on that money they shouldn't have to pay taxes that really try to tell me no not and not at all then why are you making the argument that romney should only pay fourteen percent income tax because somebody else paid taxes on that money because his income has already been taxed there's no need to tell him i is homes are already being taxed and i believe this isn't rational and candy bars and i say you can't tax that if you want to look at the central issue of minimu
on money had already been taxes tax on and fourteen percent thirty five percent already been taxed and he's already said his secretary was paid with money that had never been taxed before i think i think his secretaries pay what the profits corporation and that corporation got their money from or that corporation to get that money from investment you're absolutely right from somebody else who had been double taxing people and we got no way that it went to the central issue either you are you...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an all-nighter, into a two-nighter. the droid razr maxx hd by motorola. droid-endurance. droid-powerful. >> rick: 33 minutes after the hour. here are your top headlines. rand paul taking the top spot in the cpac presidential straw poll. florida senator marco rubio coming in a close second. the conference features -- it's just wrapping up. >> arthel: now reports that north korea test fired a pair of short-range missiles. that's according to south korean military officials. the launch comes during u.s. and south korean joint military exercises. >> rick: defense secretary chuck hagel opening a new
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an all-nighter, into a two-nighter. the droid razr maxx hd by motorola....
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no new taxes under any circumstances. yesterday paul reid offered a budget that zeroes out the president's health care plan. texas senator ted cruz even proposed a plan to defund obama care himself. with polls showing the president's approval rating dropping, a "washington post" poll put it at 50%, 5 points from a month ago, republicans have decided to stick to their own playbook, obstruct everywhere, hope some of the mud that covers them sticks to the president. steve schmidt is former senior adviser to the mccain/palin '08 presidential campaign and senior strategist on the bush/cheney '04 presidential campaign. robert gibbs was senior adviser for president obama's 2012 re-election campaign and served as white house press secretary. of course, both are now msnbc colleagues. in fact, analysts as well. thank you. steve, i want to start by throwing some dirt ball at you. i don't know how you're going to catch this one. >> yes. >> as we've all watched for the last two or three months now since the horror at newtown, connecti
no new taxes under any circumstances. yesterday paul reid offered a budget that zeroes out the president's health care plan. texas senator ted cruz even proposed a plan to defund obama care himself. with polls showing the president's approval rating dropping, a "washington post" poll put it at 50%, 5 points from a month ago, republicans have decided to stick to their own playbook, obstruct everywhere, hope some of the mud that covers them sticks to the president. steve schmidt is...
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the democrats say now that, yes, we must have tax hikes, or tax something -- tax revenue, and we must have spending cuts. and that's unusual -- >> neil: but they're quicker at identifying the tax hikes than the spending cuts, and when it comes to republicans, what they offer on spending cuts of their own, don't address defense. although paul ryan has entertained caps. >> people watching the show should realize our deficits grow in both plans, and ryan's plan is for progrowth. but both sides okay with the spending and both sides -- democrats-saying something about taxes. but there's $100 billion in there for a new stimulus plan, which i don't know how well that's going to fly. and then ryan keeping in the notion of appealing obamacare has to -- >> move on. >> that's not going to work at least for the next four years. so you keep it in there, maybe it's something you give up during negotiations. i think people watching the show should feel more hopeful, but to your point, the chasm, we're so far away from a deal, something i wouldn't bet on. >> neil: democrats claim their budget will sl
the democrats say now that, yes, we must have tax hikes, or tax something -- tax revenue, and we must have spending cuts. and that's unusual -- >> neil: but they're quicker at identifying the tax hikes than the spending cuts, and when it comes to republicans, what they offer on spending cuts of their own, don't address defense. although paul ryan has entertained caps. >> people watching the show should realize our deficits grow in both plans, and ryan's plan is for progrowth. but...
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he talks about 245 as owning your gun or -- that as owning your gun or not paying taxes be. but he said the words social and personal as well and stopped short of saying abortion, drug use, which is also where he goes. gwen: there was another argument made interestingly by rick santorum today and bobby jindal. that the party talks too much about money and budgets and zeros and isn't talking enough about emotional, social issues and that's how you connect. i don't know whether that went over well in that room but that is certainly a big part of the conversation. >> to jeanne's point, i do think it is very difficult for any one of us to get up and make a speak like that or for anyone in that room to make a list of all the thanks that we were really bad at. the fact that they didn't really address some of the shortcomings is understandable. gwen: is there something comparable to that with democrats after they lost? >> remember all of the hand wringing after 2004. the best document, though, and this was the question after 1988 when democrats put a document together that said we
he talks about 245 as owning your gun or -- that as owning your gun or not paying taxes be. but he said the words social and personal as well and stopped short of saying abortion, drug use, which is also where he goes. gwen: there was another argument made interestingly by rick santorum today and bobby jindal. that the party talks too much about money and budgets and zeros and isn't talking enough about emotional, social issues and that's how you connect. i don't know whether that went over...
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don't have to put all of the burden on seniors and the middle class while giving a massive, massive tax cut yet again to the wealthiest folks. the president felt very good about his meetings. he a great session with senate republicans yesterday and you saw numerous quotes i think from senate republicans that reflected the fact that it was a good meeting and a constructive meeting and there really is the potential for common ground. but the differences are large and they remain large do get back to your point, when it comes to deficit reduction, it may be that the gab is too wide to reach a deal. the president hopes that's not the case, but we'll see, it's certainly worth having this engagement to try to find common ground. >> why did it take so long? i know you're going to say he's met with them before. but it's commonly accepted, and this is not just conventional wis ddom that dennis mcdonough s made a difference, this is outreach to members whom he's never met before, republicans. >> well i mean the members he hadn't met before or hadn't heard him speak, this is a fourth meeting the p
don't have to put all of the burden on seniors and the middle class while giving a massive, massive tax cut yet again to the wealthiest folks. the president felt very good about his meetings. he a great session with senate republicans yesterday and you saw numerous quotes i think from senate republicans that reflected the fact that it was a good meeting and a constructive meeting and there really is the potential for common ground. but the differences are large and they remain large do get back...
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we know the gop wants president obama to fail, will do anything to be sure he fails that, and no new taxes, all they really can agree on. on screwing obama, but why hasn't president obama offered republicans a deal from his point of view? his idea of a grand bargain? forcing republicans to say no and walk away from the table. he wasn't done that yet. >>> by the way, donald trump tweeted yesterday, really big crowd expected tomorrow at cpac for his speech. here's the really big crowd that showed up to see trumpy. an overflow audience. filled with empty chairs. anyway, hats "hardball," and we're playering it. this is the place for. >>> we'll be right back. think again. introducing olay professional even skin tone. developed by experts in skin genomics to target 5 major causes of uneven skin tone and help restore even color. olay professional even skin tone. challenge that with olay facial hair removal duos for fine or coarse hair. first a pre-treatment balm then the effective cream. for gentle hair removal at far less than salon prices. there's no place like home. but i'm still stubbed up. [
we know the gop wants president obama to fail, will do anything to be sure he fails that, and no new taxes, all they really can agree on. on screwing obama, but why hasn't president obama offered republicans a deal from his point of view? his idea of a grand bargain? forcing republicans to say no and walk away from the table. he wasn't done that yet. >>> by the way, donald trump tweeted yesterday, really big crowd expected tomorrow at cpac for his speech. here's the really big crowd...
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he wants to raise taxes again. remember this the next time some journalist asks a republican, cassette and are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?"-- "are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?" we are the indians and the obama administration are andrew jackson. we have been through this before. the democrats tripled the budget. it is not true that it was reagan's tax cuts that led to the deficit. the problem was for every additional dollar that came in to the internal revenue service, the democrats were spending another $3. then reagan's knuckle head of a vice president, the first george bush, unable to learn from the first kick of a mule, made the exact same deal with democrats. he raised taxes in exchange for promised cuts in spending. hikell gladly take a tax today for a cut in spending on tuesday." once again, democrats raised spending. it would be like journalists going to tribal chiefs circa 1890 and saying sarcastically
he wants to raise taxes again. remember this the next time some journalist asks a republican, cassette and are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?"-- "are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?" we are the indians and the obama administration are andrew jackson. we have been through this before. the democrats tripled the budget. it is not true that it was reagan's tax cuts that led to the...
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of raising taxes. we do so in the service of creating a fairer tax code, funding investments for the future and in the service of a balanced approach to deficit reduction. if you take out the deficit reduction concerns and lord knows that any sort of inve investment spending right now is not going to pass muster with the house republicans, you're left with the fairness motive. a more just system would certainly be nice, does it offset the injustice of cutting benefits to folks who rely on social security? to scuttle a brand bargain deal, though, democrats need some sort of political cover. hmm. if only some republican would put out a really toxic, extreme, ideological plan that democrats could point to as continuing republican intransigence, they could walk away with not political consequence. you know, i think i know just the guy. all right. that does it for us here at "the cycle." martin bashir, all yours. >>> good afternoon, it's thursday march the 14th. who needs compromise on capitol hill when cpa
of raising taxes. we do so in the service of creating a fairer tax code, funding investments for the future and in the service of a balanced approach to deficit reduction. if you take out the deficit reduction concerns and lord knows that any sort of inve investment spending right now is not going to pass muster with the house republicans, you're left with the fairness motive. a more just system would certainly be nice, does it offset the injustice of cutting benefits to folks who rely on...
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maybe they shouldn't have to pay taxes because that money's already been taxed like all money has already been taxed it's just you know it's like you know all water has been digested by a fish some point it's that's the way it is a stupid argument meghan in jackson new jersey hey meghan what's up dad thank you so much i'm. love your show great job i. am new to r.t. but i watch it constantly i love everything that you guys you know we speak up for it it's a great more of it should be mandatory for all public for all the citizens to at least hear at least once a day. i just wanted to touch base on a couple things that i have heard a brief things on the documentaries that you've done and and other people that. that you often have on your show i mean in new jersey where the taxes is outrageous and we have chris christie who is basically you know you know raised all this money and toured all over the place to run raise money for the republicans and you know the basically the corporate takeover the slave minimum wage will slave wages and the proper term the elderly the vietnam vet or not the vi
maybe they shouldn't have to pay taxes because that money's already been taxed like all money has already been taxed it's just you know it's like you know all water has been digested by a fish some point it's that's the way it is a stupid argument meghan in jackson new jersey hey meghan what's up dad thank you so much i'm. love your show great job i. am new to r.t. but i watch it constantly i love everything that you guys you know we speak up for it it's a great more of it should be mandatory...
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we can raise taxes, of course they are. everything corporations earn ultimately earn goes to people. >> i should tell my story. i'm also unemployed. >> i'm not concerned about the very moore, we have a safety net there. if it needs repair, i'll fix it we will hear from the democrat party, the plight of the poor. and there's no question, it's not good being poor. >> i like being able to provide people that provide services to me. >> mitt romney proved remarkably adept at publicly putting his foot in his own mouth. but it was a private fundser that did the most damage. >> there are 47% of the people who will vote for the president no matter what. there are 47% of the people that believe that they are victims, who believe that government has the responsibility to care for them. who believe that they are entitled to health care, to food, to housing, to you name it. that's an entitlement. and the government should give it to them. and they will vote for this president, no matter what. >> scott proudy is the man behind the video
we can raise taxes, of course they are. everything corporations earn ultimately earn goes to people. >> i should tell my story. i'm also unemployed. >> i'm not concerned about the very moore, we have a safety net there. if it needs repair, i'll fix it we will hear from the democrat party, the plight of the poor. and there's no question, it's not good being poor. >> i like being able to provide people that provide services to me. >> mitt romney proved remarkably adept at...
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it feel like you're getting hit with a new tax coming right out of your pocket. every time it happens, politicians, they dust off their three-point plans for $2 gas, but nothing happens. then we go through the same cycle again. here's the thing. we haven't just talked about it. we've started to do something about it. we've work with auto company to put in place the toughest standards in our history. what that means is by the middle of the next decade, our cars will go twice as far on a gallon of gas. the standards that we set are part of what is driving some of the amazing scientists and engineers lou are working at argonne labs. we've set some achievable but ambitious goals. so in the middle of the next decade, we expect that you'll fill up half as often. which means you spend has as much. over the life of a new car, the average family will save more than $8,000 at the pump. that's worth applauding. that's big news. [ applause ] in fact, a new report issued today shows that america is becoming a global leader in advanced vehicles. you walk into any dealership to
it feel like you're getting hit with a new tax coming right out of your pocket. every time it happens, politicians, they dust off their three-point plans for $2 gas, but nothing happens. then we go through the same cycle again. here's the thing. we haven't just talked about it. we've started to do something about it. we've work with auto company to put in place the toughest standards in our history. what that means is by the middle of the next decade, our cars will go twice as far on a gallon...
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so if you already paid taxes on income or whatever will be taxed again and taxed hard. nearly 7%. meaning you'll have an $8,700 tax levied on you. if you managed to sock away more than $100,000 euros, you'll be forced to hand over at least 13 grand. banks in cyprus are closed today and will stay closed until thursday as parliament closed on the plan. nearly all atms are closed as the people withdraw as much as they can. now there are fears bank runs elsewhere and others, imagine if it happen here. what would we do? cowboy bill says close my accounts, bye bank! share your thoughts with us and cowboy bill. up next, a sign of the time. did you know, women and girls now outperform the guys at every level of schooling? why are women still earning less? we'll explore that question and so much more. [ male announcer ] when it comes to the financial obstacles military families face, we understand. our financial advice is geared specifically to current and former military members and their families. life brings obstacles. usaa brings retirement advice. but i'm still stubbed up. [ male anno
so if you already paid taxes on income or whatever will be taxed again and taxed hard. nearly 7%. meaning you'll have an $8,700 tax levied on you. if you managed to sock away more than $100,000 euros, you'll be forced to hand over at least 13 grand. banks in cyprus are closed today and will stay closed until thursday as parliament closed on the plan. nearly all atms are closed as the people withdraw as much as they can. now there are fears bank runs elsewhere and others, imagine if it happen...
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, and ways that money sort of leaks out of the tax system. both parties have said they want to do that, but the real difference is that what do they want to do with the money? the house budget would take the money generated and provide another tax cut would go i believe disproportionately to the wealthy, and the budget that we passed out of the committee yesterday would take that money and apply it to deficit reduction. i think that is as an independent as somebody who has looked at the issue as to me this is a reasonable way to do it, particularly when you look back to 2011 when we started this deficit reduction process, and if you add what has been done since 2011 in the way of cuts and revenues and to the budget that was passed yesterday, it comes out 65% cuts and 35% revenues. that is a reasonable balance that the american people can p support. >> all right. senator angus king, we have to leave it right there, and thank you for your time this morning. >> thank you. glad to be with you, mara. >>> the dow jones on a winning streak for ten d
, and ways that money sort of leaks out of the tax system. both parties have said they want to do that, but the real difference is that what do they want to do with the money? the house budget would take the money generated and provide another tax cut would go i believe disproportionately to the wealthy, and the budget that we passed out of the committee yesterday would take that money and apply it to deficit reduction. i think that is as an independent as somebody who has looked at the issue...
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officials the plan was intended to make wealthy foreigners who often use cyprus as a tax haven pay for the bailout but the plan would have forced all separate account holders not just the wealthy to pay for the bank's toure's mistakes not surprisingly citizens of all classes took to the streets demanding that their government reject the e.u. bailout their protests worked eventually forcing tuesday's unanimous no vote in the e.u. i.m.f. proposal but the small mediterranean islands banks are still in danger e.u. and cypriot officials are scrambling to come up with an alternative and i'll turn. scheme before banks reopen next tuesday march twenty sixth allen's finance ministry for one as suggested accepting the e.u. bailout on the condition that exempts smaller account holders from the lobby of the european finance ministers like francis pure mosco moscow these have also expressed support for such an exception and at the same time however the cypriot government is also exploring a bailout plan with russia which is not part of the e.u. any agreement with russia would likely include access
officials the plan was intended to make wealthy foreigners who often use cyprus as a tax haven pay for the bailout but the plan would have forced all separate account holders not just the wealthy to pay for the bank's toure's mistakes not surprisingly citizens of all classes took to the streets demanding that their government reject the e.u. bailout their protests worked eventually forcing tuesday's unanimous no vote in the e.u. i.m.f. proposal but the small mediterranean islands banks are...
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of the choice we would rather have only 2 percent of people's taxes go up instead of everybody's taxes go up. lou: and i understand the difficult choice, the toys that they found themselves in because they had been outmaneuvered. and did not think that they were sterling in there, if you will, tactics or strategy. >> well -- lou: i absolves them. >> thank you, francis. lou: well, if it's francis it's a different kind of deal, not about that. it's more likely to be about a mule. governor, we thank you very much. >> thank you for having me. lou: much more on the future of the republican party throughout tonight's show. stay with us. ♪ lou: president and the famous the proclaimed the era of big government to be over. boy, was he wrong. but this wrong? we take it up in tonight's "chalk talk." ♪ wall street streaking higher. will it go higher from here? charles schwab managing director randy fetter on this record rally. ♪ @í ♪ lou: the dow jones industrial setting all sorts of records, a new record for the s and be within reach. a couple of points away, in fact from charles robb jo
of the choice we would rather have only 2 percent of people's taxes go up instead of everybody's taxes go up. lou: and i understand the difficult choice, the toys that they found themselves in because they had been outmaneuvered. and did not think that they were sterling in there, if you will, tactics or strategy. >> well -- lou: i absolves them. >> thank you, francis. lou: well, if it's francis it's a different kind of deal, not about that. it's more likely to be about a mule....
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what do you have to pay taxes? maybe they do pay payroll taxes. i guess the story or the question has to be, it's not just because you didn't try to become attractive to hispanics, african-americans or single women. you didn't give them the opportunity that you suggest that your party stands for. you didn't give them the educational opportunity. the job opportunity. the hand up opportunity. >> yeah. >> you didn't give them an opportunity. >> congresswoman, has the country lost sight of why we're here having this budget battle? i mean, you have to look back at the last 12, 13 years of what has transpired. how we have given breaks to the wealthiest americans and that didn't work out with the job creation. how we went into wars and didn't pay for it. how we did a deal with big pharma and medicare part d and then the deregulation of wall street back in the late '90s took us right into the housing problem and the criminal activity that took place on wall street that has not been
what do you have to pay taxes? maybe they do pay payroll taxes. i guess the story or the question has to be, it's not just because you didn't try to become attractive to hispanics, african-americans or single women. you didn't give them the opportunity that you suggest that your party stands for. you didn't give them the educational opportunity. the job opportunity. the hand up opportunity. >> yeah. >> you didn't give them an opportunity. >> congresswoman, has the country lost...
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endorsing consumption tax? is that what i'm hearing? >> you heard the doctor endorse that. >> taxing russians only. [ laughter ] >> bret: next up, the g.o.p. extreme makeover. i'm doing my own sleep study. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. ♪ ♪ >>> our message was weak. our ground game was insufficient. we weren't incollusive. we were behind in both data and digital. our primary and debate process needed improvement. >> young voters are increasingly rolling their eyes at what the party represents. >> and many minorities think that republicans don't like them. or don't want them in our country. >> if hispanics think we don't want them, here they will close their ears for policies. >> bret: besides all that, everything is fine in the g.o.p. today, a report out from the head of the g.o.p., the chairman. reince priebus, who said focus group called the party narrow
endorsing consumption tax? is that what i'm hearing? >> you heard the doctor endorse that. >> taxing russians only. [ laughter ] >> bret: next up, the g.o.p. extreme makeover. i'm doing my own sleep study. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. ♪ ♪ >>> our message was weak. our ground game was insufficient. we weren't...
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that's much higher than the russian corporate tax and the cyprus corporation tax. what happens then? >> larry, it's a bigger issue than that. because it's all about transparency. if the european central bank gets its hands on records in the republic of cyprus, all these little stories and hidden basic constructs will all become transparent. it's all about uncovering billions of dollars in dirty money. >> how will they do that? what i'm asking is, haven't the banks shielded the russians from all this? russian parks goods there. they send them off to iran and syria and other rogue states. money has never been a problem. cyprus has never reported them. why start now? >> they are going to be under a lot of pressure. they'll be under the ecb gun and have to clean up their act. as an absolute spin-off from that, they are going to have to be more transparent. it's going to happen. they can't do that. cyprus is their last vestage of offshore financial centers. they are all signing contracts with the u.s. and uk and germany. the only alternative they have to go all the way
that's much higher than the russian corporate tax and the cyprus corporation tax. what happens then? >> larry, it's a bigger issue than that. because it's all about transparency. if the european central bank gets its hands on records in the republic of cyprus, all these little stories and hidden basic constructs will all become transparent. it's all about uncovering billions of dollars in dirty money. >> how will they do that? what i'm asking is, haven't the banks shielded the...
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the social programs in exchange for cooperation on tax reform during the debt ceiling debacle of two thousand and eleven for example he famously suggested raising the age at which seniors start receiving medicare benefits like bill clinton before him obama seems to have an obsession with compromise even when it screws the middle class clinton if you remember worked with newt gingrich in the republican house to pass the one nine hundred ninety six welfare reform bill a bill has made life miserable for the long term unemployed of the great recession because of social security net that obama now equal apparently says he supports will be equally as damaging what's even scarier is the president's flippant attitude toward programs millions of americans depend on just to get by in february said he didn't want to raise the medicare eligibility age but the question remains how much can we progress is trust someone who regularly plays politics with essential benefits and who is he actually fighting for we talked on the show before about obama's connections to pete peterson the wall street bill
the social programs in exchange for cooperation on tax reform during the debt ceiling debacle of two thousand and eleven for example he famously suggested raising the age at which seniors start receiving medicare benefits like bill clinton before him obama seems to have an obsession with compromise even when it screws the middle class clinton if you remember worked with newt gingrich in the republican house to pass the one nine hundred ninety six welfare reform bill a bill has made life...